gip vs fraud

gip and fraud both are nouns.

Word	Noun	Adjective	Verb	Adverb
gip	Yes	No	Yes	No
fraud	Yes	No	No	No

As nouns, fraud is a hypernym of gip; that is, fraud is a word with a broader meaning than gip:

Other hypernyms of gip include cheat, rig, swindle.

gip (noun)	fraud (noun)
(sometimes offensive) an act of swindling or cheating	intentional deception resulting in injury to another person
	something intended to deceive; deliberate trickery intended to gain an advantage
	the act of swindling by some fraudulent scheme
	a person who makes deceitful pretenses

gip (verb)	fraud (verb)
(sometimes offensive) to cheat or swindle